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consumers solves a standard discrete choice problem. We present a Bayesian IV estimation approach that addresses sampling error …
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(GLMs) with gamma-distributed responses estimated using the Bayesian approach coupled with the Markov Chain Monte Carlo … the Bayesian-MCMC method is carried out using the Gibbs sampler algorithm. The performance of proposed model is conducted … for the observed data. The predictive accuracy of this model is compared with other Bayesian models using the widely …
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variation, whereas the ARDL fits well and explains 82.9% of the variation. Utilizing Bayesian analysis with ABC-MCMC provides …
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